Sharps Technology raises $1.18M through stock offering and warrant exercise

Sharps Technology Inc.

Issued 2,239,000 shares at $0.38/share for gross proceeds of $850,820.
Warrant inducement led to exercise of 1,000,000 warrants, gross proceeds $330,000.
Company issued 1,000,000 new warrants exercisable at $0.45, expiring 5 years from exercise date.
Offering closed on June 13, 2024; proceeds used for working capital and general corporate purposes.

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